varsity-lakes-4227

Varsity Lakes (formally named in 2003) is the upmarket name for the former suburb of Stephens and part of Robina on the Gold Coast. The private Bond University was opened on Robina’s Lake Orr in 1989.

Population Census Table 2021

Category Data
People 16,639
Male 47.0%
Female 53.0%
Median age 36
Families 4,466
Average number of children per family null
For families with children 1.7
For all households (a) 0.7
All private dwellings 6,848
Average number of people per household 2.5
Median weekly household income $1,645
Median monthly mortgage repayments $1,842
Median weekly rent (b) $490
Average number of motor vehicles per dwelling 1.8

** https://abs.gov.au/

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Suburb Description

Latitude -28.085995
Longitude 153.422348

**https://www.latlong.net/place/varsity-lakes-qld-australia-10229.html

Nestled on the picturesque Gold Coast, Varsity Lakes stands out as a premier residential suburb in Queensland, Australia. With its serene lakes, lush parks, and diverse residential zones, it offers a harmonious blend of nature and urban living, making it a sought-after location for homebuyers and investors alike.

At the heart of Varsity Lakes lies the tranquil Lake Orr, a focal point around which the community thrives. The lake’s shimmering waters reflect the diverse range of homes that line its shores, from cozy low-density houses to modern medium-rise apartments and luxurious high-density residences. This mix ensures that there’s something for everyone, whether you’re a first-time homebuyer, a growing family, or someone looking for a high-end abode.

But Varsity Lakes is not just about beautiful homes and scenic views. The suburb boasts a plethora of amenities that cater to the needs of its residents. Families will appreciate the presence of reputable schools, ensuring quality education for their children. Shopping enthusiasts can indulge in retail therapy at the local shops, while those seeking leisure and recreation have numerous facilities at their disposal.

A standout feature of Varsity Lakes is Bond University, one of Australia’s leading private universities. Its sprawling campus adds an academic vibrancy to the suburb, attracting students from all over the country and beyond. The presence of the university also means a steady demand for rental properties, making Varsity Lakes a lucrative option for real estate investors.

In conclusion, Varsity Lakes offers a unique blend of natural beauty, modern amenities, and academic excellence. Whether you’re looking to settle down, invest, or simply experience the best of the Gold Coast, Varsity Lakes, QLD, should be at the top of your list.

Article Sponsored By

Hunters Buyers Agents | Gold Coast Qld

  • Sharon Vincent: 0414 275 300
  • Douglas Vincent: 0414 713 713

Varsity Lakes QLD 4227

Property Market Trends

View median property prices in Varsity Lakes to get a better understanding of local market trends. ( Updated August 2023)

BEDROOMS TYPE MEDIAN PRICE AVG DAYS ON MARKET CLEARANCE RATE SOLD THIS YEAR
2 House 6
3 House $890k 45 days 59
4 House $1.05m 51 days 49
5 House $1.285m 11
1 Unit $430k 50 days 41
2 Unit $603k 52 days 60% 114
3 Unit $734k 45 days 70

* Click for an updated table from Domain.com.au

Property Market Trends

View median property prices in Varsity Lakes to get a better understanding of local market trends. ( Updated August 2023)

2 Bedroom House: 6 Sold this year
3 Bedroom House: 59 Sold this year
4 Bedroom House: 49 Sold this year
5 Bedroom House: 11 Sold this year
1 Bedroom Unit: 41 Sold this year
2 Bedroom Unit: 114 Sold this year
3 Bedroom Unit: 706 Sold this year

* Click for an updated table from Domain.com.au

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